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Brookfield (BSP:B1AM34) Cyclically Adjusted PB Ratio : 2.92 (As of Jan. 19, 2025)


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What is Brookfield Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Brookfield's current share price is R$88.25. Brookfield's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was R$30.22. Brookfield's Cyclically Adjusted PB Ratio for today is 2.92.

The historical rank and industry rank for Brookfield's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:B1AM34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.06   Max: 2.87
Current: 2.79

During the past years, Brookfield's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 1.46. And the median was 2.06.

BSP:B1AM34's Cyclically Adjusted PB Ratio is ranked worse than
89.83% of 934 companies
in the Asset Management industry
Industry Median: 0.79 vs BSP:B1AM34: 2.79

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Brookfield's adjusted book value per share data for the three months ended in Sep. 2024 was R$38.867. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$30.22 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brookfield's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookfield Cyclically Adjusted PB Ratio Chart

Brookfield Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.16 2.78 1.67 1.88

Brookfield Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.88 1.96 1.92 2.38

Competitive Comparison of Brookfield's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Brookfield's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookfield's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield's Cyclically Adjusted PB Ratio falls into.



Brookfield Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Brookfield's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.25/30.22
=2.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brookfield's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Brookfield's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=38.867/127.2847*127.2847
=38.867

Current CPI (Sep. 2024) = 127.2847.

Brookfield Quarterly Data

Book Value per Share CPI Adj_Book
201412 9.560 98.367 12.370
201503 10.978 99.789 14.003
201506 11.593 100.500 14.683
201509 13.802 100.421 17.494
201512 14.121 99.947 17.983
201603 14.068 101.054 17.720
201606 12.871 102.002 16.061
201609 12.679 101.765 15.859
201612 12.748 101.449 15.995
201703 12.241 102.634 15.181
201706 12.792 103.029 15.804
201709 12.497 103.345 15.392
201712 13.777 103.345 16.968
201803 13.474 105.004 16.333
201806 16.004 105.557 19.298
201809 16.205 105.636 19.526
201812 17.379 105.399 20.988
201903 17.684 106.979 21.041
201906 17.923 107.690 21.184
201909 20.059 107.611 23.726
201912 20.986 107.769 24.786
202003 23.142 107.927 27.293
202006 23.963 108.401 28.137
202009 25.892 108.164 30.469
202012 26.982 108.559 31.636
202103 30.744 110.298 35.479
202106 27.841 111.720 31.720
202109 32.663 112.905 36.823
202112 36.373 113.774 40.692
202203 34.450 117.646 37.273
202206 33.652 120.806 35.457
202209 33.616 120.648 35.465
202212 32.955 120.964 34.677
202303 33.261 122.702 34.503
202306 31.423 124.203 32.203
202309 31.978 125.230 32.503
202312 33.508 125.072 34.101
202403 33.306 126.258 33.577
202406 36.811 127.522 36.743
202409 38.867 127.285 38.867

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Brookfield  (BSP:B1AM34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Brookfield Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Brookfield's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp is an investment firm focused on building long-term wealth for institutions and individuals. It has three businesses Asset Management, Insurance Solutions, and Operating Businesses. it invests in real assets that form the backbone of the economy to deliver risk-adjusted returns to stakeholders. It generates the majority of its revenue from Asset Management. It has a geographic presence in the UK, the United States, Australia, Canada, Brazil, India, and other countries.

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